How China's Deadly Virus Can Impact Global Markets

The transcript discusses the potential economic impact of a virus, comparing it to the SARS outbreak. It highlights the uncertainty in predicting the virus's trajectory and its effects on markets. The discussion focuses on the services sector, which is particularly vulnerable due to changes in consumer behavior during outbreaks. The rise of the services sector in China increases its economic vulnerability if the virus is not contained.

What uncertainties are present regarding the economic impact of the current virus situation?

In what ways has the rise of the services sector in China influenced its vulnerability to economic hits?